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Five major banks to allow homeless people to open bank accounts under new pilot

⁨49⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨week⁩ ago⁩ by ⁨okwithmydecay@leminal.space⁩ to ⁨unitedkingdom@feddit.uk⁩

https://www.bigissue.com/news/housing/homeless-people-bank-accounts-financial-inclusion/

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  • airgapped@piefed.social ⁨1⁩ ⁨week⁩ ago

    I wasn’t exactly homeless thankfully but lost my account through adresslessness and it took almost 18 months of relying on other people’s bank accounts before I was able to become independent. It becomes a ridiculous catch-22 very quickly, where you can’t get an account because you don’t have documents and you can’t get documents because you don’t have an account.

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